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Property profile & analytics
OFF-MARKET
Estimated value
$12,985,000
Hotels
7290 Commerce Ctr Dr Colorado Springs, CO 80919-2629
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1020327
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
164,953 SF
Lot
6.39 ac (278,348 SF)
Zoning code
PBC/CR HS HR SS
APN
6307002004
UPID
US13-1020327
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Hotel Hotel & Motel
-
ATM Atm
-
Colorado Springs Airport Freight Service Logistics Company
-
14ers - Eat, Drink, Colorado Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.99M
Owner & transaction history
Awh Partners LLC · 2 yrs held
Awh Partners LLC
since 2024
Last sale
$17.0M
7 recorded transactions
Zoning & alternative use
PBC/CR HS HR SS · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Colorado Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colorado Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,655,000
6.5%
$9,835,000
7%
$9,135,000
Blend value · Realmo final
$12.99M
Range $11.69M – $14.28M · ±10% · vs last sale $17.00M (Apr 17 2024)
Last sale anchor
$17.00M
Apr 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$79 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$166,432
Tax year 2023
Assessed value
$2,667,570
Assessed 2023
Previous assessed
$2,667,570
+0.0% YoY
Effective rate
6.24%
On assessed value
Assessed land
$594,090
Assessed improvement
$2,073,480
Land market value
$2,129,362
Improvement market value
$7,431,838
Total market value
$9,561,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
4
Units
207
Total area
164,953 SF
Lot
6.39 ac (278,348 SF)
Zoning code
PBC/CR HS HR SS
APN
6307002004
UPID
US13-1020327
Jurisdiction
EL PASO
Zoning & alternative use
PBC/CR HS HR SS · Colorado Springs, CO
Zoning PBC/CR HS HR SS · permitted uses
PBC/CR HS HR SS · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colorado Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
4
Units
207
Lot
6.39 ac
Current owner
From public records · entity-resolved
Awh Partners LLC
Entity
Mailing address
15 W 6TH ST STE #2400, TULSA, OK 74119-5417
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
$17,000,000
Awh Partners LLC
Commerce Center Hotel Fee LLC
Special Warranty Deed
$25,000,000 · Inwood National Bank
Dec 11, 2019
—
Commerce Center Hotel Fee LLC
—
Grant Deed
related
$124,740,000 · Bank Of America
Dec 20, 2018
$20,450,000
Commerce Center Hotel Fee LLC
Fo Colorado Springs Property LLC
Special Warranty Deed
$105,100,000 · Parlex 1 Finance LLC
Feb 8, 2018
—
Fo Colorado Springs Prop LLC
—
Loan Modification
related
$195,000,000 · Other Institutional Lenders
Dec 21, 2017
—
Fo Colorado Springs Prop LLC
—
Loan Modification
related
$190,000,000 · Other Institutional Lenders
Nov 19, 2014
—
Fo Colorado Springs Prop LLC
—
Loan Modification
related
$165,000,000 · * Other Institutional Lenders
Jan 21, 2014
—
Fo Colorado Springs Prop LLC
Nesbitt Colorado Springs Prop
Quit Claim Deed
related
—
Jan 18, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jan 10, 2006
—
Nesbitt Colorado Springs Property L
Colorado Springs Hotel Associates
Special Warranty Deed
$187,500,000 · Greenwich Capital Financial Product
Jul 2, 2004
—
Colorado Springs Prop Nesbitt
Colorado Springs Hotel Assocs
Quit Claim Deed
related
$90,000,000 · German American Capital Corp
—
—
Fo Colorado Springs Prop LLC
—
Deed Of Trust
related
$154,000,000 · * Other Institutional Lenders
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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